canada predictions for 2024
Read 27 predictions about Canada in 2024, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.
Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.
International relations predictions for Canada in 2024
International relations predictions to impact Canada in 2024 include:
- The India-Canada tension costs Ottawa CAD $700 million as Indian student enrollment decreases. Likelihood: 65 percent.1
- Indian students who were planning to enroll in Canada transfer to UK and Australian universities instead as a result of the India-Canada political standoff. Likelihood: 65 percent.1
- The fourth session of the Intergovernmental Negotiating Committee (INC-4) on Plastic Pollution is held in Ottawa. Likelihood: 70 percent.1
Politics predictions for Canada in 2024
Politics related predictions to impact Canada in 2024 include:
Government predictions for Canada in 2024
Government related predictions to impact Canada in 2024 include:
- The government enacts the new digital service tax (DST) regime even though the Organization for Economic Co-operation and Development (OECD) delayed implementation to 2025. Likelihood: 60 percent.1
- The Immigration, Refugees, and Citizenship Canada (IRCC) implements a new Trusted Institution framework to its student visa program, including compliance monitoring and reporting. Likelihood: 65 percent.1
- The government launches the Modern Slavery Act, intending to fight forced labor and child labor in supply chains. Likelihood: 70 percent.1
- Alberta caps tuition hikes and reduces interest rates on loans by post-secondary students. Likelihood: 65 percent.1
- Alberta gains three new seats on the House of Commons. Likelihood: 70 percent.1
- All king-sized cigarettes sold by retailers now feature individual health warnings. Likelihood: 75 percent.1
Economy predictions for Canada in 2024
Economy related predictions to impact Canada in 2024 include:
- Bank of Canada starts to cut interest rates in the middle of the year. Likelihood: 60 percent.1
- Canada welcomes 485,000 immigrants before limiting the number to 500,000 annually starting in 2025 due to public concerns over housing and inflation issues. Likelihood: 75 percent.1
- Indigenous businesses now contribute roughly $100 billion to the Canadian economy, an increase of 3X since 2019. Likelihood: 60%1
Technology predictions for Canada in 2024
Technology related predictions to impact Canada in 2024 include:
Culture predictions for Canada in 2024
Culture related predictions to impact Canada in 2024 include:
Defense predictions for in 2024
Defense related predictions to impact Canada in 2024 include:
- The defense budget increases by over 17% to about 1.1 percentage points of gross domestic product. Likelihood: 70 percent1
Infrastructure predictions for Canada in 2024
Infrastructure related predictions to impact Canada in 2024 include:
- Ford invests USD $1.34 billion to modernize its 70-year old factory in Oakville. Likelihood: 65 percent.1
- Stellantis and LG Energy Solution open a USD $5-billion electric vehicle battery plant in Ontario. Likelihood: 65 percent.1
- The Gordie Howe International Bridge, connecting Detroit (US) and Windsor (Canada), opens. Likelihood: 65 percent.1
- The national office vacancy rate peaks at approximately 15% by the end of the year due to increasing hybrid work setups. Likelihood: 75 percent.1
- British Columbia's earthquake early warning (EEW) system, a collection of high-powered sensors, is completed. Likelihood: 70 percent.1
- LNG Canada, a multibillion-dollar liquefied natural gas project in western Canada, begins supplying customers in Asia with gas. Likelihood: 80%1
- The Gordie Howe International Bridge connecting Windsor and Detroit is completed. Likelihood: 80%1
Environment predictions for Canada in 2024
Environment related predictions to impact Canada in 2024 include:
- Canada publishes the final regulations of its plan to cap and cut greenhouse gases from the oil and gas sector. Likelihood: 65 percent.1
- There are some significant instances of early winter weather, but most of Canada sees a delay in the arrival of consistent cold weather due to El Nino. Likelihood: 65 percent.1
- BMW Group starts sourcing aluminum for sustainable production from Rio Tinto's hydropowered operations. Likelihood: 70 percent.1
- Canada phases out outdoor use of neonicotinoid pesticides (clothianidin, imidacloprid, and thiamethoxam) because of their impact on aquatic insects. Likelihood: 70 percent1
Science predictions for Canada in 2024
Science related predictions to impact Canada in 2024 include:
- The total solar eclipse passes through some cities and towns in Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland, plunging them into darkness for a few minutes. Likelihood: 70 percent.1
Health predictions for Canada in 2024
Health related predictions to impact Canada in 2024 include:
- Canada expands the medically assisted dying (MAID) law, allowing mental health patients, including those with substance abuse issues but no other physical ailments, to seek assisted suicide. Likelihood: 65 percent.1
- Up to 9 million Canadians who don't have access to dental care are now covered through a publicly administered and funded plan. Likelihood: 70 percent1
More predictions from 2024
Read the top global predictions from 2024 - click here
Next scheduled update for this resource page
January 7, 2022. Last updated January 7, 2020.
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